Facebook to incorporate TV-style ads into our News Feeds

Television advertisements reel in the big money, and Facebook now has plans to tap this lucrative business. The company intends to incorporate TV-style commercials into its social networking website, which will reportedly retail between $1 and $2.5 million per day,...

Too much adverts on FB, but they have to make money as they don't have you join for a membership fee and it's pretty much open social network idea. Youtube has video ads before any video plays, you do have the option to skip the ads. To much in your face ads will keep some members away.

I've never understood their business model or understood why they are worth so much.
They have no products or services and pretty much survive just on ad revenue.

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you're not alone... when Facebook went public there was some talk about how it was going to be huge and people were going to make tons of money. When it happened their price went up to around $45 and then went down and stayed down. Compare that to companies like Amazon, Google, Apple etc who have stock prices in $300-$400 range.

The reason people thought FB was going to be huge was because not only to they have like a billion users, but they have personal info on all their users. Any website that gets as much action as FB is a winning lottery ticket waiting to be cashed in. The problem is people don't want their info used as a means to focus advertising, so FB has been stuck with this goldmine of information with no way to use it. Hence the low stock price and profits that barely make ends meet.

They're slowly finding ways to push ads to their users, and it wouldn't surprise me if one day they even offered a version of FB completely ad free for a small fee of like $3/month.